Category: 9. Business

Ukraine has paid about $200M to holders of its GDP warrants, securities that weren’t part of a recent $20B Eurobond restructuring agreement with private creditors. The warrants have disbursements linked to Ukraine’s economic performance, providing creditors with payments if gross domestic… Continue Reading

The Cabinet of Ministers exercised the right granted to it by the Ukrainian Parliament and introduced a temporary moratorium on Ukraine’s Eurobond payments. “In connection with the implementation of transactions with the state debt under the bonds of 2018’s external state loans of the… Continue Reading

According to the Poster POS company, restaurant turnover in January-June compared to the corresponding period in 2023 increased by 16%, and the average check, due to price increases, increased by 13% to ₴148 ($3.7). Restaurateurs have been forced to raise their prices in response to rising… Continue Reading

The price of land increased by more than 50% in 2024 in land auctions conducted using the state’s electronic trading system, Prozorro. Gross sales from these auctions total more than ₴1B since the beginning of 2024. Legal entities, which have been able to buy land since January 1, have… Continue Reading

In 2023, the venture fund D3, with tech billionaire Eric Schmidt, was virtually the only investor in the Ukrainian defense industry. But this year, Ukrainian military tech has received a lot of attention from investors. Owners and top managers of IT companies are the main drivers of investment… Continue Reading

The Business Activity Expectation Index (BAEI) increased to 44.4 in July from 43.6 in June but is still below this year’s high of 52.3, recorded in April. Adaptability to energy supply problems, the maritime corridor’s stable operation, stable inflationary expectations, and easing of… Continue Reading

Since Ukraine’s energy generation capacity restoration programs began, banks have approved loan applications for ₴3.6B. Last week, 20 Ukrainian banks received applications for ₴1.8B under all available programs. The total amount of applications that businesses have submitted since the… Continue Reading

On September 11, the EBRD will consider the possibility of granting a €40M loan to the Ukrainian Kormotech Group for the construction of a second plant to produce pet food in Lithuania. The group’s holding companies, Vengast Investments Ltd (Cyprus) and its subsidiary Kormotech UAB… Continue Reading

Employers in Ukraine are raising wages for employees to retain and attract new highly qualified personnel amidst a shortage of labor resources, the Ministry of Economy reports. According to a state analysis of vacancies on recruiting platforms, the average salary in July increased to ₴19,553… Continue Reading

Bloomberg reported that the first small batch of F-16 fighter jets from NATO allies has arrived in Ukraine in a long-awaited move that may boost the war-torn nation’s ability to repel Russian attacks. According to people familiar with the matter who spoke anonymously, the deadline for… Continue Reading